Gold prices are currently at all-time high and 10 grams of gold is trading up to ₹1.35 lakh. Experts believe that in future it may reach ₹ 2 lakh per 10 grams.
Not only new investment, earning from old gold is also possible – that too Gold Leasing Through. In this you give your idle or unused gold on lease to Jewellers, Refiners or Financial Markets. In return, one gets 3–4% passive return annually, which can go up to 6–7% if there is shortage of inventory.
Gold Leasing saves storage costs and provides regular income like dividends. This facility is available on platforms like RSBL, Gullak and Gold Monetization Scheme of banks. Long-term investors get the benefit of extra returns along with price appreciation.
